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Dunne, Apfel and Langer of CBRE sell 60 S. Broadway for $27 million
June 10, 2025
White Plains, NY CBRE negotiated the $27 million sale of 60 S. Bdwy., a 3.58-acre development site to Alexander Members Holding LLC, a subsidiary of Stagg Group. The CBRE team of Jeffrey Dunne, Eric Apfel, and Travis Langer represented the seller, Quarterra Multifamily Communities.
HUNT Real Estate named #1 ERA brokerage
June 10, 2025
Buffalo, NY HUNT Real Estate ERA has once again secured its position as the top-performing brokerage in the ERA Real Estate network, earning the #1 ranking in both sales volume and units sold for 2024. This achievement marks the sixth consecutive year that HUNT has led the ERA network, reinforcing its
Houlihan Lawrence and NestEdge broker $1.03 million sale of development site
June 10, 2025
White Plains, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of a fully approved 12-unit multifamily development site located at 60 S. Kensico Ave. The purchase price was $1.03 million. The purchaser was represented by Garry Klein, regional manager of Houlihan Lawrence
Aziz and Sharabani of Meridian Retail lease space to Shah’s Halal
June 10, 2025
Manhattan, NY Meridian Retail Leasing arranged a 15-year lease for Shah’s Halal at 720 Amsterdam Ave. in the Upper West Side. Meridian’s Noam Aziz and Carson Sharabani represented both the landlord, Esther Perlstein, and the tenant in the transaction.
The clock is ticking: Secure New York City’s 35-year tax abatement before it’s too late - by Rob...
June 10, 2025
If you’re considering converting your office property to residential use, the window to take advantage of one of New York City’s most valuable real estate incentives is closing fast. The 35-year real estate tax abatement under Program 467-m offers a major financial opportunity — but only if your
Cleeman Realty facilitates sale of net lease Price Rite property
June 10, 2025
Buffalo, NY Cleeman Realty Group sold a Price Rite property at 1716 Kenmore Ave. The 40,830 s/f retail property, situated on 3.25 acres, is fully leased to Price Rite Marketplace. The property is located in a densely populated retail corridor of the city. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented both the seller and the
Korean lenders and Ocean West Capital Partners foreclose on 285 Madison Ave.
June 10, 2025
Manhattan, NY Ocean West Capital Partners (Ocean West) led the UCC foreclosure of 285 Madison Ave., a 511,000 s/f office property located in Midtown near Grand Central Terminal. Ocean West represented the mezzanine lender, which was comprised of a consortium of some of the largest insurance companies in
Bergman of Muss Development signs Mediterranean restaurant at 7000 Austin St.
June 10, 2025
Queens, NY Muss Development LLC has completed a long-term restaurant lease at its 7000 Austin St. property in Forest Hills. The Mediterranean restaurant, scheduled to open by year’s end, will occupy the 8,631 s/f first floor. The space was most recently occupied by TGI Fridays.
The Hudson Gateway Realtor Foundation donates $27,750 to 12 Hudson Valley charities and non-profits
June 10, 2025
White Plains, NY The Hudson Gateway Realtor Foundation (HGRF), the charitable arm of the Hudson Gateway Association of Realtors, (HGAR) donated a total $27,750 to 12 charities and non-profit organizations throughout the Hudson Valley during the first quarter of 2025.
Pietro’s Ristorante signs 5,022 s/f lease at Stellar’s Midtown East property
June 10, 2025
Manhattan, NY Stellar Management and Lee & Associates NYC have finalized a lease agreement to bring Pietro’s Ristorante (Pietro’s), the Italian-style steakhouse that has been a New York City staple since 1984, to 890 Second Ave. Pietro’s will occupy 3,564 s/f of ground-
Jack Resnick & Sons welcomes Pearson VUE to 255 Greenwich St.
June 10, 2025
Manhattan, NY Jack Resnick & Sons negotiated a new 10-year, 11,716 s/f office lease with Pearson VUE, Inc. at 255 Greenwich St., Resnick’s 14-story office building in the Financial District. Founded in 1994, Pearson VUE is an information technology services firm. The company will occupy a
Bradford Allen and New Castle Hotels celebrate reopening of Hilton Garden Inn Riverhead
June 10, 2025
Riverhead, NY Bradford Allen with management partner New Castle Hotels & Resorts, celebrated the grand reopening of the Hilton Garden Inn Riverhead following an extensive, multimillion-dollar renovation. The 114-key hotel at 2038 Old Country Rd. is at the gateway to the North and South Forks of Long
Zenith IOS welcomes Baker as vice president, investments
June 10, 2025
Manhattan, NY Zenith IOS has appointed James Baker as vice president, investments. Baker will help lead a team dedicated to sourcing and executing acquisitions across multiple geographic markets, including the Southeast and Mid-Atlantic regions, further strengthening Zenith’s position as an IOS platform.
Platinum Commercial leases 15,600 s/f at 155 Fifth Ave.
June 10, 2025
Manhattan, NY Since launching its new commercial arm earlier this year, Platinum Commercial, part of the family-owned boutique brokerage Platinum Properties, has leased the remaining floors at 155 Fifth Ave., the historic six-story commercial building known as The Scribner Building located in The Flatiron
Question of the month: What are the most cost-effective upgrades a building can make to improve prop...
June 10, 2025
In a market where square footage is a bonus and closets and storage spaces are tight, secure on-site storage is no longer a luxury amenity — it’s a necessity. Whether you’re managing a rental property, sitting on a co-op board, or overseeing a condo association, one
Property of the Month: FilBen Group, RSF, M&T Bank, JF Nolan, McAlpine and H2M celebrate opening of ...
June 10, 2025
Montebello, NY Owner/developer FilBen Group, equity partner RSF Partners, lender M&T Bank, political leaders, project manager JF Nolan & Associates, contractor McAlpine Contracting and designer H2M Architects + Engineers celebrated the grand opening of Braemar
City Tavern and Table opens at Durst’s 57 WEST
June 10, 2025
Manhattan, NY According to The Durst Organization, City Tavern and Table has opened at 57 WEST. The 6,864 s/f restaurant — located at the base of the Bjarke Ingels-designed VIA 57 WEST on West 57th St. between 11th and 12th Aves.
The Moinian Group inks 16,000 s/f
of new leases at 72 Madison Ave.
June 10, 2025
Manhattan, NY The Moinian Group has signed 16,000 s/f of new office leases at 72 Madison Ave. in Midtown South with Oso Security, Doing Things and Direct Books. “72 Madison Ave. is a state-of-the-art building in the premier location of Midtown South, and we are proud to continue
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
June 10, 2025
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Public high school boys basketball championships brings economic gains to Binghamton
June 10, 2025
Binghamton, NY The launch of N.Y. State Public High School Athletic Association Boys Basketball Championship held from March 21-24 at the Visions Veterans Memorial Arena delivered an economic boost to the community, marking the beginning of a three-year agreement that
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